I3 Energy Share Discussion Threads

[fardels bear] 25/11/2019 18:53

Ah well, that really is the question.

[gonuts1] 25/11/2019 18:36

How big is the area?

[molatovkid] 25/11/2019 18:25

Seems to me 20ft of oil over a big area would be a good find!

[muffster] 25/11/2019 18:05

Defines the limits of the field.. It's positive news and the large buys at end of day agree.

[jagzoil] 25/11/2019 17:47

No its far from a discovery

[zen12] 25/11/2019 17:43

If you're shorting...get the hell out it's a discovery!

[jammydodger1] 25/11/2019 17:40

Now you can see the reason for the fall was because people in the know were selling out why Because of that Rns which is poor very poorAnd people trying to make out it's goodWhy do you think people in the know were dumping otherwise they'd be buying Tomorrow is set for a tiny spike on open then fall back to 20p or below

[njw2] 25/11/2019 17:36

Collapse imminent. Sub 20 p within first 30 minutes tomorrow as reality kicks in .15 p by end of week .

[tidy 2] 25/11/2019 17:34

Reservoir quality is expected to be equivalent to that seen in the Tain wells, one of which (13/23b-5Z) tested at an estimated 2750 bopd from a 5ft interval in the Captain sand. Oil samples to be recovered from the downhole sampling tool are expected to be of similar quality to the 32deg API oil found in the Tain field.So this well has at least x4 this from RNS

[purple11] 25/11/2019 17:25

exactly some of these ppl cannot read an rns thru their rose tinted spectacles.

[gisjob2] 25/11/2019 17:23

Only 20ft of 'oil indications'. So much less than expected and 'oil indications' does not guarantee a producing asset. More work needed and not looking great, hence the sells

[ssrover] 25/11/2019 17:07

It’s an oil strike simple as that.. had been dropped on expectations of a duster

See this going back to 40p tomm

[babbler] 25/11/2019 17:05

Yes and you said TRX was shyte at below 1p

[jammydodger1] 25/11/2019 17:04

Now you can see the reason for the fall was because people in the know were selling out why Because of that Rns which is poor very poorAnd people trying to make out it's goodWhy do you think people in the know were dumping otherwise they'd be buying Tomorrow is set for a tiny spike on open then fall back to 20p or below

[jammydodger1] 25/11/2019 16:58

Now you can see the reason for the fall was because people in the know were selling out why Because of that Rns which is poor very poorAnd people trying to make out it's goodWhy do you think people in the know were dumping otherwise they'd be buying Tomorrow is set for a tiny spike on open then fall back to 20p or below

[knowing] 25/11/2019 16:56

Seismic does not indicate that;

[purple11] 25/11/2019 16:49

phoebe
I'm beginning to wonder whether the OWC is so high that none of the well locations on Liberator are actually connected to one another and all we have is a collection of small isolated pools of oil in thin sands.

[nobbygnome] 25/11/2019 16:44

But it is not a duster!

I have a very small insignificant holding here and have watched with fascination at the shenanigans today. The sell off has already happened so it should recover a little more in the morning IMHO.

[purple11] 25/11/2019 16:39

its 1/5 of what they were expecting so prepare for a sell of once that sinks in.

which is why it crashed today.

[purple11] 25/11/2019 16:37

this is a v poor result they were expecting 100ft of pay above OWC

don't expect much in the morning

[sapper2476] 25/11/2019 16:34

Tidy did you post a RNS from a previous news date and change it to todays date.

[tidy 2] 25/11/2019 16:33

I said that earlier. Loaded up. Pre new shake closed the gap and caught stop plus panicked a load of leaves off the tree